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monkeysandmicrowaves t1_jcg5hb7 wrote

Reply to comment by 09-24-11 in Nearly 1,500 buildings ban Airbnb and other short-term rentals by fluffykintail

Are they able to deduct the market value of the rental, or just the taxes and maintenance costs? If it's the former, I think we've identified a big part of the problem.

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theageofnow t1_jcihm5r wrote

You can’t deduct money you don’t earn. It’s not writing off an unpaid invoice using the accrual method. You can’t invoice a tenants that’s not there.

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